Stands for Free Application for Federal Student Aid. The FAFSA form will help determine eligibility for federal student aid and must be completed yearly.
Much of it can be completed each year that the student is in school. There will be several questions regarding your personal and tax information, so make sure to have these figures readily available to ensure the process goes smoothly in one sitting.
Once you have finished the FAFSA, you will receive a Student Aid Report (SAR). Most of the time, this report will be e-mailed, but you can also receive a paper copy. The federal government will then ask you to take part in Entrance Counseling, for which you will need your PIN and about 30 minutes.
As is the standard with any loan, the next step in the process is the signing of the Master Promissory Note (MPN). This is the agreement between the government and the borrower that the loan will be paid back in the predetermined time allowed.
Completion of the FAFSA is done entirely on the website https://fafsa.ed.gov/
- Free FAFSA Day Feb 20thIf you haven’t completed the FAFSA (Free Application for Federal Student Aid) because you are unsure how to go about it, a great opportunity has arisen that you may want to take advantage of.
- FAFSA A Little Too Secure - VideoWith our lives so firmly implanted within cyberspace internet security is one of the most important aspect of our lives. The Department of Education’s new security rules has been a blessing and a curse.
- How Free is Free College Tuition?
- Illinois Springs into Action to Help Higher Education Students
- The FAFSA Is Open for Business
Need help paying for your student loans?
Let Ameritech Financial pave the way towards financial freedom.Learn More
- Student Loan Repayment Options Help Ease Stress of Job Hunt, says Ameritech Financial
- Never Miss an IDR Recertification Deadline Again with Help from Ameritech Financial
- Don’t Panic, says Ameritech Financial regarding First Year of Repayment
- Default Not Inevitable for For-Profit School Attendees Despite High Rates, Says Ameritech Financial
- Ameritech Financial Helps Feed the Hungry in Sonoma County Through Office Food Drive